Stocks climb as traders look to earnings to counter downturn fears By Reuters

*GLOBAL STOCKS EDGE HIGHER AS MARKET BRACES FOR FED RATE HIKE, BUSY WEEK OF EARNINGS -

© Reuters. FILE PHOTO: People walk past a screen displaying the Hang Seng stock index at Central district, in Hong Kong, China July 19, 2022. REUTERS/Lam YikLONDON - Stocks reversed early losses to rise on Monday, as investors hoped a batch of corporate earnings this week would boost sentiment and offset more signs of an economic slowdown before the Federal Reserve's two-day policy meeting.

A widely watched survey showed German business morale falling more than expected in July as high energy prices and looming gas shortages push Europe's largest economy towards a recession. U.S. business activity contracted for the first time in nearly two years amid persistently heated inflation and rapidly rising rates, according to another survey on Friday.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Investingcom /  🏆 450. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cruise Stocks Party on False HopeIt is as if cruise lines’ parents just left town and now everyone expects a giant house party to erupt at sea. Investors might want to hold off on tapping the keg.
Read more »

Weak Earnings Reports Aren’t Fazing Investors After Brutal Year for StocksShares of Bank of America, Tesla and Netflix rise after posting disappointing results.
Read more »

3 Stocks To Watch This Week: Alphabet, Amazon, Intel | Investing.comStocks Analysis by Haris Anwar/Investing.com covering: Intel Corporation, Alphabet Inc Class A, Amazon.com Inc, Alphabet Inc Class C. Read Haris Anwar/Investing.com's latest article on Investing.com
Read more »

These Stocks Are Best for the Long Term, Top Wall Street Analysts SayTipRanks analyst ranking service pinpoints Wall Street’s best-performing stocks, including Marvell and Bank of America.
Read more »

Fund manager says another tech crash is looming, and names the stocks to buy insteadDeuterium Capital is steering clear of tech stocks and rotating into sectors such as healthcare and telecommunications instead.
Read more »

Barclays downgrades Lam Research, says comeback in chip stocks is a 'head fake'The recent bounce in semiconductor names is likely only a temporary upward move, according to Barclays
Read more »